View ValuationUniversal Music Group 将来の成長Future 基準チェック /36Universal Music Group利益と収益がそれぞれ年間7.8%と6.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に37.2% 7.7%なると予測されています。主要情報7.8%収益成長率7.69%EPS成長率Entertainment 収益成長17.4%収益成長率6.9%将来の株主資本利益率37.21%アナリストカバレッジGood最終更新日15 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 14Universal Music Group N.V. Approves Final Dividend for the Financial Year 2025, Payable on June 12, 2026Universal Music Group N.V. at its AGM held on May 13, 2026, approved a final dividend of EUR 0.28 per share. With the interim dividend of EUR 0.24 per share that was paid in October 2025, this brings the total dividend for the financial year 2025 to EUR 0.52 per share. The following timetable shall apply with respect to the payment of the final dividend: May 20, 2026: Ex-dividend date; May 21, 2026: Dividend record date; and June 12, 2026: Final dividend payment date.Upcoming Dividend • May 13Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.6%).Buy Or Sell Opportunity • Apr 08Now 24% overvaluedOver the last 90 days, the stock has fallen 6.6% to €20.01. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.お知らせ • Apr 08Pershing Square Capital Management, L.P. signed a a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion.Pershing Square Capital Management, L.P. signed a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion on April 7, 2026. A cash consideration valued at €5.05 per share will be paid by Pershing Square Capital Management, L.P. As part of consideration, Universal Music Group N.V.'s shareholders will receive a total of €9.4 billion in cash and 0.77 shares of New UMG stock for each share of UMG held estimated to be worth €30.40 per share. Alternatively, shareholders may elect to receive all cash, all stock, or a mix of stock and cash consideration, subject to proration. Upon completion, Pershing Square Capital Management, L.P. will own 100% stake in Universal Music Group N.V. UMG will merge with Pershing Square and the newly merged company will become a Nevada corporation (“New UMG”), listed on the New York Stock Exchange. New UMG will publish financial statements under U.S. GAAP and be eligible for S&P 500 and other index inclusion. The Transaction will enable the cancellation of 17% of UMG outstanding shares while preserving the company’s investment grade balance sheet and its long-term financial and strategic flexibility. New UMG will have 1.541 billion shares outstanding. The cash portion of the consideration will be funded with €2.5 billion from Pershing Square including €1.05 billion from SPARC’s rights holders, €5.4 billion in additional investment grade debt financing at New UMG (resulting in total debt of no more than 2.5 times Net Debt to Adjusted EBITDA) and €1.5 billion of net proceeds from the monetization of the company’s stake in Spotify, after taxes and net of the artists’ share of Spotify proceeds. All Transaction equity financing will be backstopped by Pershing Square and affiliates, and all debt financing will be committed at signing. As part of the Transaction, UMG’s board will be refreshed to include Michael Ovitz as Chairman and two representatives from Pershing Square in addition to members from the current UMG board. The Transaction will be subject to only a limited number of customary closing conditions, which include: (1) approval of UMG’s and SPARC’s boards of directors, (2) a two-thirds vote in favor of the Transaction by UMG shareholders in attendance at a meeting, and (3) required regulatory approvals. SPARC common stock is currently 100% owned by Pershing Square who will vote to support the Transaction. The Transaction will also be subject to a new employment contract and compensation arrangement for Lucian Grainge and the creation of a new board of directors for New UMG that will include Michael Ovitz as Chairman and two Pershing Square affiliates in addition to members from the current UMG board. The transaction is expected to close by year-end 2026. Sullivan & Cromwell LLP acted as legal advisor for Pershing Square Capital Management, L.P. White & Case LLP acted as legal advisor for Pershing Square Capital Management, L.P. Stibbe N.V. acted as legal advisor for Pershing Square Capital Management, L.P. Jefferies LLC acted as financial advisor for Pershing Square Capital Management, L.P.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €19.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Entertainment industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €15.88 per share.お知らせ • Apr 02Universal Music Group N.V. to Report Q1, 2026 Results on Apr 29, 2026Universal Music Group N.V. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026お知らせ • Mar 30Universal Music Group N.V., Annual General Meeting, May 13, 2026Universal Music Group N.V., Annual General Meeting, May 13, 2026. Location: felix meritis, keizersgracht 324, 1016 ez, amsterdam NetherlandsNew Risk • Mar 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (12% net profit margin).Reported Earnings • Mar 08Full year 2025 earnings released: EPS: €0.84 (vs €1.14 in FY 2024)Full year 2025 results: EPS: €0.84 (down from €1.14 in FY 2024). Revenue: €12.5b (up 5.7% from FY 2024). Net income: €1.53b (down 27% from FY 2024). Profit margin: 12% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.お知らせ • Mar 06+ 1 more updateUniversal Music Group N.V. to Report Fiscal Year 2025 Final Results on Mar 26, 2026Universal Music Group N.V. announced that they will report fiscal year 2025 final results on Mar 26, 2026お知らせ • Jan 30Universal Music Group N.V. to Report Q4, 2025 Results on Mar 05, 2026Universal Music Group N.V. announced that they will report Q4, 2025 results After-Market on Mar 05, 2026Buy Or Sell Opportunity • Oct 08Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.47. The fair value is estimated to be €30.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 9.1% per annum over the same time period.お知らせ • Oct 06Universal Music Group N.V. to Report Q3, 2025 Results on Oct 30, 2025Universal Music Group N.V. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025Buy Or Sell Opportunity • Sep 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.41. The fair value is estimated to be €29.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 8.7% per annum over the same time period.業績と収益の成長予測XTRA:0VD - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202815,6092,0131,9582,7471612/31/202714,5711,7791,5982,3891712/31/202613,5301,5791,2792,1271712/31/202512,5071,5331,5441,739N/A9/30/202512,3482,0691,5611,755N/A6/30/202512,1892,6041,5771,770N/A3/31/202512,0122,3451,5751,763N/A12/31/202411,8342,0861,5721,755N/A9/30/202411,6601,8171,5311,691N/A6/30/202411,4861,5481,4891,627N/A3/31/202411,2971,4041,6271,756N/A12/31/202311,1081,2591,7641,885N/A9/30/202310,9311,2131,7061,819N/A6/30/202310,7541,1661,6471,753N/A3/31/202310,5479741,6431,743N/A12/31/202210,3407821,6391,732N/A9/30/20229,8747291,4111,497N/A6/30/20229,4076751,1831,262N/A3/31/20229,0628721,4211,491N/A12/31/20218,5048861,0791,140N/A9/30/20218,1549851,1151,171N/A6/30/20217,8041,0831,1501,202N/A3/31/20217,4721,41283140N/A12/31/20207,4321,366860926N/A12/31/20197,159972610685N/A1/1/20196,023897N/A747N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0VDの予測収益成長率 (年間7.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 0VDの収益 ( 7.8% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: 0VDの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 0VDの収益 ( 6.9% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 0VDの収益 ( 6.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0VDの 自己資本利益率 は、3年後には高くなると予測されています ( 37.2 %)成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 10:36終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Universal Music Group N.V. 17 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関JULIEN ROCHBarclaysChristophe CherblancBernsteinWilliam PackerBNP Paribas26 その他のアナリストを表示
お知らせ • May 14Universal Music Group N.V. Approves Final Dividend for the Financial Year 2025, Payable on June 12, 2026Universal Music Group N.V. at its AGM held on May 13, 2026, approved a final dividend of EUR 0.28 per share. With the interim dividend of EUR 0.24 per share that was paid in October 2025, this brings the total dividend for the financial year 2025 to EUR 0.52 per share. The following timetable shall apply with respect to the payment of the final dividend: May 20, 2026: Ex-dividend date; May 21, 2026: Dividend record date; and June 12, 2026: Final dividend payment date.
Upcoming Dividend • May 13Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.6%).
Buy Or Sell Opportunity • Apr 08Now 24% overvaluedOver the last 90 days, the stock has fallen 6.6% to €20.01. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.
お知らせ • Apr 08Pershing Square Capital Management, L.P. signed a a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion.Pershing Square Capital Management, L.P. signed a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion on April 7, 2026. A cash consideration valued at €5.05 per share will be paid by Pershing Square Capital Management, L.P. As part of consideration, Universal Music Group N.V.'s shareholders will receive a total of €9.4 billion in cash and 0.77 shares of New UMG stock for each share of UMG held estimated to be worth €30.40 per share. Alternatively, shareholders may elect to receive all cash, all stock, or a mix of stock and cash consideration, subject to proration. Upon completion, Pershing Square Capital Management, L.P. will own 100% stake in Universal Music Group N.V. UMG will merge with Pershing Square and the newly merged company will become a Nevada corporation (“New UMG”), listed on the New York Stock Exchange. New UMG will publish financial statements under U.S. GAAP and be eligible for S&P 500 and other index inclusion. The Transaction will enable the cancellation of 17% of UMG outstanding shares while preserving the company’s investment grade balance sheet and its long-term financial and strategic flexibility. New UMG will have 1.541 billion shares outstanding. The cash portion of the consideration will be funded with €2.5 billion from Pershing Square including €1.05 billion from SPARC’s rights holders, €5.4 billion in additional investment grade debt financing at New UMG (resulting in total debt of no more than 2.5 times Net Debt to Adjusted EBITDA) and €1.5 billion of net proceeds from the monetization of the company’s stake in Spotify, after taxes and net of the artists’ share of Spotify proceeds. All Transaction equity financing will be backstopped by Pershing Square and affiliates, and all debt financing will be committed at signing. As part of the Transaction, UMG’s board will be refreshed to include Michael Ovitz as Chairman and two representatives from Pershing Square in addition to members from the current UMG board. The Transaction will be subject to only a limited number of customary closing conditions, which include: (1) approval of UMG’s and SPARC’s boards of directors, (2) a two-thirds vote in favor of the Transaction by UMG shareholders in attendance at a meeting, and (3) required regulatory approvals. SPARC common stock is currently 100% owned by Pershing Square who will vote to support the Transaction. The Transaction will also be subject to a new employment contract and compensation arrangement for Lucian Grainge and the creation of a new board of directors for New UMG that will include Michael Ovitz as Chairman and two Pershing Square affiliates in addition to members from the current UMG board. The transaction is expected to close by year-end 2026. Sullivan & Cromwell LLP acted as legal advisor for Pershing Square Capital Management, L.P. White & Case LLP acted as legal advisor for Pershing Square Capital Management, L.P. Stibbe N.V. acted as legal advisor for Pershing Square Capital Management, L.P. Jefferies LLC acted as financial advisor for Pershing Square Capital Management, L.P.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €19.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Entertainment industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €15.88 per share.
お知らせ • Apr 02Universal Music Group N.V. to Report Q1, 2026 Results on Apr 29, 2026Universal Music Group N.V. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
お知らせ • Mar 30Universal Music Group N.V., Annual General Meeting, May 13, 2026Universal Music Group N.V., Annual General Meeting, May 13, 2026. Location: felix meritis, keizersgracht 324, 1016 ez, amsterdam Netherlands
New Risk • Mar 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (12% net profit margin).
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: €0.84 (vs €1.14 in FY 2024)Full year 2025 results: EPS: €0.84 (down from €1.14 in FY 2024). Revenue: €12.5b (up 5.7% from FY 2024). Net income: €1.53b (down 27% from FY 2024). Profit margin: 12% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.
お知らせ • Mar 06+ 1 more updateUniversal Music Group N.V. to Report Fiscal Year 2025 Final Results on Mar 26, 2026Universal Music Group N.V. announced that they will report fiscal year 2025 final results on Mar 26, 2026
お知らせ • Jan 30Universal Music Group N.V. to Report Q4, 2025 Results on Mar 05, 2026Universal Music Group N.V. announced that they will report Q4, 2025 results After-Market on Mar 05, 2026
Buy Or Sell Opportunity • Oct 08Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.47. The fair value is estimated to be €30.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 9.1% per annum over the same time period.
お知らせ • Oct 06Universal Music Group N.V. to Report Q3, 2025 Results on Oct 30, 2025Universal Music Group N.V. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
Buy Or Sell Opportunity • Sep 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.41. The fair value is estimated to be €29.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 8.7% per annum over the same time period.